Financial Acumen
Johnson Controls' teams kept their clients' buildings running. Financial fluency made them partners.
Its people could manage anything from HVAC to a disaster-hit data center. What many lacked was the financial acumen to sit across from a client as a full business partner. So Johnson Controls built a program with Capsim to close that gap, and won an industry award for it.
- Client P&Lread like the client does
- 100leaders per cohort
- BEST Awardrecognized by ATD
Rolled out across US and UK locations, and adapted into a follow-on program.
The short version
- Johnson Controls' high-potential staff had deep technical mastery, but many lacked the financial acumen to be full business partners to the clients they were embedded with.
- The company built a financial-acumen program with Capsim, hybrid online-plus-onsite, where teams run a simulated business and debrief on what they'd apply on the job.
- They learned to read financial statements, weigh the financial impact of decisions across a business, and lead under pressure, then translate all of it into their clients' terms.
- The program won a BEST Award from the Association for Talent Development, rolled out across US and UK locations, and seeded a follow-on program.
Johnson Controls keeps the world's largest companies running, literally. Its Global WorkPlace Solutions unit manages facilities, corporate real estate, and energy for clients whose buildings house their people and assets. Delivering on that promise puts Johnson Controls' representatives right alongside their clients, which is exactly where a gap showed up.
Technical masters, new to the business
Its people could handle almost anything technical, from heating and cooling systems to keeping a data center alive through a natural disaster. What many of them lacked was the business and financial acumen to be full partners with the clients they served. So Johnson Controls turned to Capsim to build it.
Each unique industry has an imperative metric. For Johnson Controls, it's selling and maintaining equipment to keep building costs down.Craig Watters, Ph.D., Capsim
Learning to read a client's P&L
Financial fluency was the tool. Partnership was the point.
Capsim and Johnson Controls set specific objectives: understand the financial implications of decisions across every function of a business, read financial statements and draw intelligence from them, for their own business and their competitors', and see their own strengths and weaknesses as leaders while deciding under pressure. With onsite time tight, they ran it as a hybrid: a half-day online session a week ahead let teams meet from their own desks and learn the decision tools, so the business simulation onsite, with up to 100 participants, could go straight to the hard part. Teams ran their companies, then debriefed to the room on what they'd learned and how they'd use it.
From provider to partner
The habit was what the program was really after. Embedded with a client, a Johnson Controls representative could now see the business the way the client did.
We were able to help participants, particularly those embedded with their clients, to change their perspective. They understood where and how the company's products would have the most positive impact on their clients' profit and loss statements, and could talk to their clients about the benefits in business terms, making Johnson Controls even more valuable as partners.Craig Watters, Ph.D., Capsim
The program earned outside recognition too: a BEST Award from the Association for Talent Development, which honors organizations that tie learning to business results. It rolled out across US and UK locations, and Johnson Controls adapted the simulation into a later program, a sign it had become part of how the company grows its people, not a one-off event.
Turn technical experts into business partners.
Book a short walkthrough and we'll map a Capsim program to the financial fluency your client-facing teams need.